Gann's angle and time period think: in the solar calendar, the earth rotates 360 degrees every day, or orbits the sun three hundred times One-sixty degrees of time, in other words, time is a fraction of a planetary cycle. Gann's market time cycle can also be seen as the angle of the earth around the sun, such as one half (180 degrees), one quarter (90 degrees), or one eighth (45 degrees).
Assuming that the earth revolves around the sun for a quarter of a time, the time it takes to run is about ninety days. From Gann's 1*1 angle, it means that , the market runs 90 price units. If you look at the unit ratio of the foreign exchange market, it means that the market price has run by 900 points, and the range of 900 points will be an important reaction level for the market.
And so on, the relationship between the angle between the earth and the sun and the time price is as follows: Angle time price 45 degrees 45 days 450 points 90 degrees 90 days 900 points 135 degrees 135 days 1350 points 180 degrees 180 days 1800 points 225 degrees 225 days 2250 points 270 degrees 270 days 2700 points 315 degrees 315 days 3150 points 360 degrees 360 days 3600 points
From the daily chart of USD/Mark attached, 180 degrees has become the most important level. The observations are as follows:
From the bottom of Mark 1.3860 on September 2, 1992 to the bottom of Mark 1.5640 on April 26, 1993, there is a total distance of 1780 points, a difference of 20 points from the 1800 mark .
From the bottom of the 1.5640 mark to the 1.7485 mark on August 2, 1993, the range is 1845 points, which is 45 points away from the 1800 mark.
In the past ten years or so, the pound has gone up and down, but according to Gann's time-price theory, the pound's trend fully reflects the market role of time-price balance .
From 1980 to the present, there have been two time price squares for GBP. These two squares are proportional to one month representing 100 points. Respectively:
(1) 142 square - the pound fell from 2.4485 in 1980 to 1.0345 in 1985, a total drop of 1.4140 US dollars, if from the peak in 1980 2.4485 calculates 142 months, the time is September 1992, and the pound just turned around at $2.01 and fell to the level of $1.40.
In addition, the pound fell from 2.4485 to 1.0345, a total of 1.4140 US dollars, and 1.414 was just the root of 2. The pound started to rebound from $1.0345 in 1985. If the rebound ratio is 1/2 of the square of $1.4140, the target of 0.707 is 2.0342, which is only 242 points away from the high of 2.0100 in September 1992.
(2) 91 Square - GBP rose from 1.0345 in 1985 to USD 2.01 in September 1992, a total increase of 91 months, if GBP 1.0345 increased by 9100 points, The target is 1.9445, which is very close to the high of 2.01. When the time and price are balanced, the pound will peak and fall.
The trend of the pound since the peak of 2.4485 in 1980 can be fully explained by the square of two time prices. If it is interpreted by Gann angle, the problem will be It seems very simple.
From the peak of $2.4485 in November 1980, if it extends down a 1*1 riverIn the case of the grace line, the time to reach the low level of 1.3045 in 1985 was just in September 1992, that is, when the pound fell sharply after seeing 2.01.
From the low of $1.0345 in February 1985, if you extend a Gann line rising by 1*1, it has just run for 90 months in September 1992, that is A quarter of the 30-year cycle, an important time cycle, caused the pound to peak and fall.
Gann pointed out that the 3*1 Gann line is extremely important for the analysis of weekly and monthly charts, and it is also reflected in the pound. From 2.4485 US dollars in November 1980, if a downward Gann 3*1 line was extended, in September 1992, it just reached the level of 1.98, which became an important resistance for the pound, and the pound was also in the 3*1 line. There was a big turnaround on the market, and it peaked and fell.
The 3*1 line extending down from 2.4485 in November 1980 and the 1*1 line extending up from 1.0345 in February 1985, in 1992 February intersected and became the trigger point for the pound's plunge.
The analysis of the four Gann angles above all point to the pound turning down in September 1992.